2023-06-12 17:31
Trafigura traders share US$3b windfall on record profit
Trafigura Group paid US$3 billion to its top traders and executives as the commodity trading giant notched up a fresh record profit in the six months to March. The payout - Trafigura's highest ever - is the latest evidence of how a small group of commodity traders have shared an unprecedented bounty on the back of the energy crisis triggered by Russia's invasion of Ukraine. Trafigura reported net profit of US$5.5 billion in the six months to March, up 108% from the same period a year earlier and the third successive half year in which it has reported record earnings.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-06-07-story-h-268676936-Trafigura_traders_share_US_3b_windfall_on_record_profit

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